Third sector funder Inspiring Scotland has appointed Sinclair Dunlop of Epidarex Capital as chair of its board of trustees.

He succeeds Niall Lothian, who has led the board since Inspiring Scotland was founded in 2008. Today's announcement coincides with the 10th anniversary of Inspiring Scotland.

Set up to help identify and solve long-term, entrenched social problems, Inspiring Scotland uses a venture philanthropy model in which it raises money from private individuals, trusts, foundations, Government and local authorities. This is invested in funds that address specific themes and work in partnership with charities and other organisaitons.

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Dunlop is a co-founder and managing partner of Epidarex Capital , the life sciences and health technology investment firm. He has more than 20 years' experience in international investment.

He first joined the board of Inspiring Scotland in September 2014, and was appointed deputy chair in December 2015.

"It is a privilege to be appointed to this role and to help Inspiring Scotland continue its vital work in building a better Scotland," Dunlop said.

"Over the last 10 years, Inspiring Scotland has had an extraordinary impact on the voluntary sector across Scotland and I look forward to helping empower the charities we support to maximise their capacity to improve the lives of the most vulnerable."

Inspiring Scotland now runs nine funds ranging from childhood health and wellbeing to community development. It works with more than 200 charities across Scotland and manages more than £120m of funds.

Celia Tennant, chief executive of Inspiring Scotland, said: "We are fortunate to welcome Sinclair as Inspiring Scotland's new chair. He is a proven leader and brings a wealth of knowledge and experience in international business to help us deliver impact for the people of Scotland.

"I would also like to extend our heartfelt thanks to Niall for his hard work, dedication and generosity throughout his tenure as chair."